1. Cluster Theory & Competition
... p.78) defines the clusters as " geographic concentrations of interconnected companies and institutions in a particular field [and] encompass an array of linked industries and other entities important to competition- . Porter (2000; 2001 respectively) describes the firms as "linked by commonalities and complementariness- or "linked by common technologies and skills-. Anderson (1994) focuses on the ... process of innovation, improvement and thus competitive advantage. According to Porter (1998a; 1998b) clusters influence the economy by driving innovation, lowering barriers to entry (thus ...
- Word Count: 4507
- Approx Pages: 18
- Has Bibliography
- Grade Level: Undergraduate